SEOUL -- Hyundai Motor's revenue jumped more than 30% in the third quarter on strong electric vehicle sales, but profit fell as the company had to set aside nearly $1 billion to deal with the repair of faulty gasoline engines on some older cars.
Automobiles
Hyundai Motor Q3 profit falls on engine recall provisions
Revenue rose 30.6% boosted by strong electric vehicle sales
Hyundai Motor revenue rose in the third quarter but profit declined largely due to the recall of millions of cars with faulty Theta engines. © Reuters
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